ITR-V is a single-page document that taxpayers, who file ITR without using a digital signature, can download from the income tax e-filing portal. The purpose of ITR-V is to act as an ITR acknowledgement slip and verify the legitimacy of each taxpayer’s e-filing.
Keep reading further to gather more information on ITR-V Acknowledgement and how to download it.
If you file income tax returns without a digital signature, you will have to follow these easy steps to download ITR-V:
Step 1: Go to the new e-filing portal of the Income Tax Department.
Step 2: Log in using your user ID and password. If you are a new member, you will have to register and fill out some details.
Step 3: After logging in, select ‘e-File’ from the top navigation bar. From the ‘Income Tax Returns’ option, click on ’View Filed Returns.’
Step 4: A new page will open up. Here, select the acknowledgement number and click on ‘download form.’
Step 5: If you have not e-verified your income tax returns after downloading ITR-V, then print, sign, and send the form to the Central Processing Centre Bengaluru within 120 days of e-filing.
Also Read: How To Use Online Income Tax Calculator?
If you do not want to send a physical copy of ITR-V to CPC, Bengaluru, you can also choose to e-verify your income tax returns. To e-verify, you need to follow these steps:
Step 1: Log into the e-filing account.
Step 2: Find the e-File option present on the top navigation bar. Select Income Tax Returns and click on e-Verify Return from the dropdown menu.
Step 3: Now, you can select an e-verification method. Some popular e-verification methods are as follows:
Step 4: Upon selecting your preferred method, you need to fill in your CVC/CVV. After this, press on ‘Submit.’
Step 5: After successful submission, a confirmation message will appear on the screen. It will include your transaction ID and Electronic Verification Code. Download this document and save a copy of the ITR acknowledgement for future reference.
If you did not file your income tax returns using a digital signature, then you will have to download and send ITR-V by following the steps mentioned above. However, while you do so, you should keep the following things in mind:
Note that failure to follow these instructions will lead to the unsuccessful submission of the ITR-V form.
Also Read: How To File Income Tax Return Using New Income Tax Filing Portal?
It is possible that your post containing the ITR-V form gets misplaced or the CPC somehow does not receive the form. Thus, taxpayers need to track the status of ITR verification regularly. You can do so by —
The last step of the ITR filing process is verifying the ITR. By downloading and submitting the ITR-V form, taxpayers allow the government to verify their identity. Thus, it is not just crucial for completing the ITR filing process, but it also helps in carrying forward the efficiency of the Indian tax system.
Ans: Yes, it is compulsory for assessees in India to verify income tax returns by submitting an ITR-V form. One can do so by sending a physical form to CPC, Bengaluru. Alternatively, taxpayers can opt for e-verification using various methods.
Ans: The Income Tax Department might send a non-submission notice upon failure to submit the ITR-V form within 20 days of e-filing. Note that your income tax returns are not valid until you do not submit this form.
Ans: Generally, the whole process of ITR verification can take up to 35 to 40 days. This goes for e-verification and submitting ITR-V to the CPC. However, during peak ITR filing times, the process might take longer as well.
Ans: There is no need to worry if you lose your ITR-V form. You can simply download another form from the e-filing portal and refill it. However, you cannot use a photocopy of the original form for ITR verification.
Ans: Whether you are using e-verification mode or physically sending the ITR-V form, you do not have to attach any other document. If you are sending the form via post, ensure that there are no pre-stamped envelopes or annexures attached to it.
This article is solely for educational purposes. Navi doesn't take any responsibility for the information or claims made in the blog.
|Section 194IB||Section 44AA||Section 80E|
|Section 195||Section 80EEA||Section 80DD|
|Section 80CCC||Section 80GG||Section 80 G|
|Section 54F||Section 1941A||Section 10|
|Section 194Q||Section 192||Section 269SS|
|Section 80DDB||Section 44AD||Section 194C|
|Section 194A||Section 194H||Section 80D|
|Section 80C||Section 80C, 24(b), 80EE & 80EEA||Section 234A|
|Section 50C||Section 80C||Section 80EEA|
|Section 194B||Section 194J||Section 206C|
|Section 80CCG||Section 80 EEB||Section 24Q|
|Section 40b||Section 194C||Section 54EC|
What is Form 26QB for TDS? How to Download and Submit it?While purchasing a property, buyers are liable to pay various taxes. The Finance Act, 2013 made TDS... Read More »
PF Withdrawal Rules 2023 – Rules, Documents Required and TypesEPF/PF Withdrawal Employees’ Provident Fund (abbreviated as EPF) is a popular retirement sav... Read More »
Stamp Duty and Property Registration Charges in Delhi 2023It is compulsory for property buyers in the Capital to pay stamp duty in Delhi during property regi... Read More »
Income Tax Return – Documents, Forms and How to File ITR Online AY 2023-24In India, it is mandatory for all taxpayers who earn more than the basic tax exemption limit to fil... Read More »
What is Section 80CCD – Deductions for National Pension Scheme and Atal Pension YojanaThe Income Tax Act provides a number of deductions and tax benefits to taxpayers, so they can strat... Read More »
Tax on Dividend Income: Sources, Tax Rate and TDS on dividend incomeWhat are Dividends? Companies may raise funds for running their operations by selling equity. Th... Read More »
Section 112A of Income Tax Act: Taxation on Long-Term Capital GainsWhat is Section 112A? Section 112A of the Income Tax Act was announced in Budget 2018 to replace... Read More »
Section 206AB of Income Tax Act: Eligibility And TDS RateSection 206AB was introduced in the Finance Bill 2021 as a new provision pertaining to higher deduc... Read More »
What is a Credit Note in GST – Example, Format and StepsA GST Credit Note is mandatory for any GST-registered supplier of goods or services. As a supplier,... Read More »
Exemptions and Deductions Under Section 10 of Income Tax ActWhat Is Section 10 of the Income Tax Act? Section 10 of the Income Tax Act, 1961 provides tax-sa... Read More »
Section 57 of the Income-tax Act – Income from Other SourcesIt is quite likely that many entities - individuals as well as businesses - have multiple sources o... Read More »
What is Dearness Allowance? – Types, Calculation, and Current RateWhat is Dearness Allowance? Dearness Allowance Meaning - Dearness Allowance (DA) is an allowance... Read More »
Top 10 Chit Fund Schemes in India in 2023Chit funds are one of the most popular return-generating saving schemes in India. It is a financial... Read More »
10 Best Gold ETFs in India to Invest in April 2023Gold ETFs or Gold Exchange Traded Funds are passively managed funds that track the price of physica... Read More »
10 Best Demat Accounts in India for Beginners in 2023Creation of Demat accounts revolutionised the way trades were conducted at the stock exchanges. It... Read More »
20 Best Index Funds to Invest in India in April 2023What is an Index Fund? An index fund is a type of mutual fund or exchange-traded fund (ETF) that... Read More »
Best Arbitrage Mutual Funds to Invest in India in April 2023Arbitrage funds are hybrid mutual fund schemes that aim to make low-risk profits by buying and sell... Read More »
10 Best SIP Plans in India to Invest in April 2023What is SIP? SIP or Systematic Investment Plan is a method of investing a fixed amount in ... Read More »
10 Best Corporate Bond Funds in India to Invest in April 2023Corporate bond funds are debt funds that invest at least 80% of the investment corpus in companies ... Read More »
10 Best Bank for Savings Account in India [Highest Interest Rate 2023]Savings account is a type of financial instrument offered by several banks. It lets you safely depo... Read More »